WPC

W. P. Carey Inc.

$71.24 +0.69 (+0.98%) At close · Jul 7

Market Cap

$15.70B

222,739,105

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$1.72B +8.4%

FY2025

Net Income

$466.36M +1.2%

FY2025

Gross Margin

99.98% +0.2pp

FY2023

Operating Margin

22.37% -2.3pp

FY2015

Diluted EPS

$2.44 +54.7%

FY2016

Operating Cash Flow

$1.28B -30%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Revenue	+5.1%	+7.3%	+6.2%	—	$1.76B	$1.72B	$1.58B	$1.74B	$1.48B	$1.33B	$1.21B	$1.23B	$885.73M	$848.3M	$941.53M	$938.38M	$908.45M	$489.85M	$352.36M	$309.71M	$257.18M	$223.9M	$234.7M
Net Interest Income	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$200K	—	—	—
Rental Income	+4.4%	+6.5%	—	—	—	$1.48B	$1.33B	$1.43B	$1.3B	$1.18B	$1.08B	$987.98M	—	—	—	—	$573.83M	$299.62M	$119.3M	$49.62M	—	—	—
Cost of Revenue	-65.4%	-55.8%	—	—	—	—	—	$368K	$2.52M	$4.04M	$8.86M	$16.55M	$21.93M	$51.45M	$91.87M	—	—	—	—	—	—	—	—
Gross Profit	+13.2%	+15.0%	—	—	—	—	—	$1.74B	$1.48B	$1.33B	$1.2B	$1.22B	$863.81M	$796.86M	$849.66M	—	—	—	—	—	—	—	—
Gross Margin	—	—	—	—	—	—	—	99.98%	99.83%	99.7%	99.27%	98.66%	97.52%	93.94%	90.24%	—	—	—	—	—	—	—	—
General & Administrative	+3.2%	+5.8%	-0.2%	—	$101.05M	$100.67M	$98.97M	$96.4M	$91.47M	$81.89M	$75.95M	$75.29M	$68.34M	$70.89M	$82.35M	$103.17M	$91.59M	$67.06M	$68.85M	$75.85M	$73.42M	$63.82M	$62.67M
Amortization of Intangibles	-8.7%	-5.0%	-0.3%	—	$169.4M	$174.7M	$186.7M	$247.5M	$229.2M	$236.6M	$226.2M	$272M	$174.1M	$157.8M	$163.8M	$180.8M	$174M	$86.1M	$24.9M	$4.7M	$1.3M	$6.6M	—
Depreciation & Amortization	+1.1%	+3.3%	+6.4%	—	$543.03M	$537.65M	$507.1M	$594.17M	$519.74M	$490.72M	$456.21M	$460.03M	$298.17M	$261.42M	$279.69M	$287.84M	$248.55M	$140.32M	$55.11M	$29.62M	$17.43M	$18.38M	$23.08M
Restructuring Charges	—	—	—	—	—	—	—	—	—	—	—	$0	$0	$9.36M	$11.93M	$0	$0	—	—	—	—	—	—
Impairment of Real Estate	+21.6%	+14.5%	+8.9%	—	$103.52M	$70.37M	$43.6M	$86.41M	$39.12M	$24.25M	$35.83M	$32.54M	$4.79M	$2.77M	$59.3M	$29.91M	$23.07M	$5.29M	$0	-$1.37M	$1.14M	$900K	—
Total Costs & Expenses	+1.9%	+5.8%	+4.7%	—	$953.68M	$917.05M	$852.16M	$1.02B	$866.98M	$726.66M	$691.6M	$731.12M	$526.45M	$489.75M	$621.73M	$580.83M	$637.38M	$352.71M	$299.49M	$186.91M	$164.28M	$147.24M	$142.02M
Operating Income	+30.5%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$209.88M	$223.94M	$85.89M	$94.34M	—	—	—	—
Operating Margin	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	22.37%	24.65%	17.53%	26.77%	—	—	—	—
EBITDA	+49.3%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	$497.71M	$472.49M	$226.21M	$149.46M	—	—	—	—
Interest Expense	+9.9%	+6.8%	+4.1%	—	$300.91M	$291.26M	$277.37M	$291.85M	$219.16M	$196.83M	$210.09M	$233.33M	$178.38M	$165.78M	$183.41M	$194.33M	$178.12M	$103.73M	$46.45M	$18.21M	$15.54M	$14.46M	$18.6M
Other Non-Operating Income	—	—	—	—	-$248.96M	-$294.61M	-$238.52M	$28.97M	$14.1M	-$166.26M	-$72.52M	-$168.89M	$79.47M	-$70.76M	-$41.71M	-$141.19M	-$42.29M	-$41.58M	$39.08M	$67.45M	$18.13M	$8.03M	$1.03M
Gain on Sales of Real Estate	+64.6%	+12.1%	+40.5%	—	$204.16M	$193.79M	$74.82M	$315.98M	$43.48M	$40.43M	$109.37M	$18.14M	$118.61M	$33.88M	$71.32M	$6.49M	$29.25M	$39.71M	-$2.77M	-$3.39M	$500K	$7.7M	$1.1M
Equity in Earnings of Unconsolidated Entities	-15.2%	—	-9.9%	—	$17.17M	$18.01M	$17.93M	$19.58M	$29.51M	-$10.83M	-$18.56M	$23.23M	$61.51M	$64.75M	$64.72M	$51.02M	$44.12M	$52.73M	$62.39M	$51.23M	$30.99M	$13.43M	$14.2M
Pretax Income	-6.9%	+2.5%	+8.8%	—	$558.51M	$504.82M	$492.34M	$752.32M	$626.21M	$438.61M	$445.2M	$332.76M	$438.75M	$287.79M	$278.1M	$216.36M	$228.78M	$95.57M	$91.95M	$190.26M	$111.03M	—	—
Income Tax	+4.8%	—	-1.6%	—	$34.91M	$31.91M	$31.71M	$44.05M	$27.72M	$28.49M	-$20.76M	$26.21M	$14.41M	$2.71M	$3.29M	$37.62M	$17.61M	$1.25M	$6.77M	$37.21M	$25.82M	$22.79M	$23.52M
Net Income	-8.0%	+0.5%	+10.5%	—	$516.84M	$466.36M	$460.84M	$708.33M	$599.14M	$409.99M	$455.36M	$305.24M	$411.57M	$277.29M	$267.75M	$172.26M	$239.83M	$98.88M	$62.13M	$139.08M	$73.97M	$69.02M	$78.05M
Net Margin	—	—	—	—	—	27.17%	29.11%	40.68%	40.51%	30.79%	37.65%	24.76%	46.47%	32.69%	28.44%	18.36%	26.4%	20.18%	17.63%	44.91%	28.76%	30.83%	33.25%
Net Income Attributable to Noncontrolling Interests	—	-9.2%	-6.6%	—	$6.76M	$6.56M	-$209K	-$70K	-$657K	$134K	$10.6M	$1.3M	$12.78M	$7.79M	$7.06M	$12.97M	$6.39M	$32.94M	$607K	-$1.86M	-$314K	-$713K	-$950K
Net Income Available to Common Stockholders	-8.0%	+0.5%	+10.5%	—	$516.84M	$466.36M	$460.84M	$708.33M	$599.14M	$409.99M	$455.36M	$305.17M	$411.23M	$276.51M	$266.86M	$171.68M	$238.82M	$98.13M	$61.6M	$136.95M	$73.53M	$67.9M	—
Comprehensive Income	-4.8%	-0.3%	+19.9%	—	$526.28M	$463.25M	$465.47M	$737.25M	$537.03M	$428.22M	$471.12M	$304.57M	$392.58M	$295.76M	$185.55M	$75.53M	$148.93M	$118.86M	$65.99M	$134.04M	$71.19M	$69.17M	$74.48M
EPS (Basic) USD/shares	+20.5%	-6.2%	—	—	—	—	—	—	—	—	—	—	—	—	$2.45	$1.59	$2.37	$1.40	$1.27	$3.37	$1.82	$1.70	$1.94
EPS (Diluted) USD/shares	+20.9%	-6.1%	—	$5.16 – $5.26*	—	—	—	—	—	—	—	—	—	—	$2.44	$1.58	$2.34	$1.38	$1.25	$3.35	$1.82	$1.70	$1.91
Shares Outstanding (Basic Avg) shares	+3.4%	+4.4%	+7.4%	—	—	220.5M	220.17M	215.37M	199.63M	182.49M	178.17M	174.59M	119.96M	110.09M	108.98M	107.89M	100.84M	70.13M	48.38M	40.66M	40.34M	39.84M	40.03M
Shares Outstanding (Diluted Avg) shares	+3.3%	+4.4%	+7.4%	—	—	221.11M	220.52M	215.76M	200.43M	183.13M	178.51M	174.9M	120.18M	110.3M	109.32M	108.74M	101.92M	71.17M	49.09M	40.94M	40.85M	40.55M	41.07M

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $113.23M in buybacks, $8.22B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31
Owned Real Estate	$1,716,485,000	$1,583,018,000	$1,741,358,000	—	—	—	—	—
Investment Management Segment	—	—	$3,219,000	$10,985,000	$19,398,000	$31,322,000	$59,903,000	$106,607,000
Owned Real Estate Segment	—	—	$1,738,139,000	$1,468,101,000	$1,312,126,000	$1,177,997,000	$1,172,863,000	$779,125,000

By Product & Service (USD)

Component	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Owned Real Estate	$1,707,244,000	$1,572,197,000	$1,738,139,000	$1,468,101,000
Investment Management	$9,241,000	$10,821,000	$3,219,000	$10,985,000
Management Service	$4,957,000	$6,597,000	$2,184,000	$8,467,000
Other Advisory Income and Reimbursements	$4,284,000	$4,224,000	$1,035,000	$2,518,000

Key facts CIK 1025378 CUSIP 92936U109 13F (30d) 76 filings 35 filers Visit website Investor relations